Flat 282 м² in Kotor, Montenegro

882 486 $

3 129 $ /м²

4OdEP

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #1

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #2

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #3

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #4

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #5

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #6

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #7

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #8

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #9

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #10

Flat 282m² in Montenegro, Kotor. Priced at 750000€ rent photo- #11

Area

282 м²

Bedrooms

Bathrooms

Apartment in Kotor. City - Kotor

For sale spacious penthouse with large terrace in a residential complex in Kotor.The penthouse is located on the fourth floor of a building with elevator.The apartment offers panoramic views of the bay, mountains and the Old Town of Kotor.The penthouse is equipped with all necessary furniture and appliances. The kitchen is fully equipped.Penthouse area: 156 m2, living area + 126 m2 terrace.2 bedrooms, each with its own bathroom + guest toilet.The living room is combined with the kitchen. Equipped with floor heating system (in places where the tiles are laid).Nearby is all the necessary infrastructure.

Services and facilities

Lift

Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

882 486 $

Land area

Characteristics

Lift

Furniture

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kotor; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Kotor short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (882 486 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Kotor: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).